Kerala PSC Previous Years Question Paper & Answer

Title : STORES/ PURCHASE OFFICER KCMMF LTD
Question Code : A

Page:3


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'STORES/ PURCHASE OFFICER KCMMF LTD' And exam conducted in the year 2015. And Question paper code was '194/2015'. Medium of question paper was in Malayalam or English . Booklet Alphacode was 'A'. Answer keys are given at the bottom, but we suggest you to try answering the questions yourself and compare the key along wih to check your performance. Because we would like you to do and practice by yourself.

page: 3 out of 10
Excerpt of Question Code: 194/2015

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While preparing final accounts, outstanding expenses given in the trail balance appear in :

(५) Profit and loss account (൫ Trading account

(८) Asset side of balance sheet (10) Liability side of balance sheet

Debit the receiver and credit the giver are the rule in :
(&) Real account (2) Personal account

{C) Nominal account {D} Fictitious account

Opening stock plus net purchase less closing stock is :
{A) Gross sales (8) Cost of goods sold
(ಲ) Netsales (D) Total purchases

Royalty paid is 8591980 ‏ہس لے ا18‎
(ಗ) Trading account (ए) Manufacturing account
(€) Profit and loss account (D) Balance sheet

Who is known as the father of scientific management ?

(வ Henry Fayol (B) Elton Mayo (C) Chester Bernard (D)

Who said “Management is what manager does” ?
(A) Henry Fayol (8) Louis A. Allen )© Harold Koontz (D)

Authority flows vertically in :
{A) Functional erganisation (18) Line organisation
(0) Line and staff organisation (D) None of these

Delegation of authority is an element of

(A) Staffing (8) Directing (©) Controlling (D)

Which of the following is true at breakeven point ?
(A) Sales revenue = Variable cost

(B) Profit = Fixed cost + Variable cost

)© Sales revenue = Tolal cost — Variable cost
(12) Contribution = Fixed cost

F. W. Taylor

F. W. Taylor

Organising

194/2015
١۲۲۰۰

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